VIASPACE Press Release
VIASPACE CEO Presents at Batteries 2007 Congress in France
VIASPACE CEO PRESENTS AT BATTERIES 2007 CONGRESS
PASADENA, Calif., October 2, 2007 - VIASPACE Inc. (OTC Bulletin Board: VSPC - News), a company commercializing fuel cell technologies from NASA announced that CEO Dr. Carl Kukkonen made an invited presentation on micro fuel cells for portable electronics at the BATTERIES 2007 Congress in France on September 28, 2007. Batteries 2007 is an annual European conference that focuses on rechargeable battery technology, markets, products and regulations. Batteries 2007 had 60 speakers representing battery manufacturers, material suppliers, electronic device suppliers, and environmental and recycling specialists. A session was devoted to hybrid and electric vehicles which represent a large potential battery market, and another session was dedicated to micro fuel cells and ultracapacitors which represent alternatives to rechargeable batteries. 400 people attended the Congress.
VIASPACE subsidiary Direct Methanol Fuel Cell Corporation produces disposable methanol fuel cartridges that provide the liquid energy source for fuel cells that produce electricity for portable electronic devices such as notebook computers and mobile phones. These disposable cartridges represent a recurring revenue stream similar to printer cartridges or razor blades. The cartridges are made of recyclable materials, but international regulations state that they should not be refillable by the consumer for safety reasons. Several international companies such as Toshiba and Samsung have demonstrated notebook computers, cell phones and other devices powered by direct methanol fuel cells. A notebook computer running on methanol could have 10 hours of uninterrupted operation, and instantaneous recharging by simply replacing the empty cartridge with a new one.
About VIASPACE: Founded in 1998 to transform proven space and defense technologies from NASA and the Department of Defense into commercial hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. VIASPACE focuses on alternative energy and fuel cell infrastructure, and on hardware and software for security and defense. For more information on VIASPACE and its subsidiary Direct Methanol Fuel Cell Corporation, please visit our website at www.VIASPACE.com
Investor Relations contact:
Dr. Jan Vandersande, Director of Communications
Dr. Carl Kukkonen, CEO
This news release includes forward-looking statements. These forward-looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, as amended, for the fiscal year ended December 31, 2006, and our Quarterly Report on Form 10-Q for the period ended June 30, 2007, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.